Investment Opportunity: Owner-Change Property in Nerima's Higashi-Oizumi Area
This property presents a unique investment opportunity as an owner-change (オーナーチェンジ) property located in the Higashi-Oizumi 7-chome area of Nerima Ward, Tokyo. The property is currently tenanted, generating a monthly rent of 170,000 yen, which equates to an annual projected rental income of 2,040,000 yen and a gross yield of approximately 4.76%. The existing lease agreement must be taken over by the new owner.
The two-story wooden house, built in September 1993, offers a spacious 4LDK layout with a total floor area of 104.13 square meters. The interior features a living-dining-kitchen area of 15 tatami mats on the first floor, accompanied by a 6-tatami Japanese-style room. The second floor contains three Western-style rooms of 8, 7.5, and 7 tatami mats, respectively. All rooms are at least 6 tatami mats in size, providing ample living space.
The property sits on a 99.27 square meter plot of land with ownership rights. It benefits from public water supply, city gas, and a public sewer system. Kitchen equipment includes a system kitchen, and the property is equipped with a dedicated bath, dedicated toilet (with two or more toilets), an indoor washing machine space, storage in all rooms, closets, flooring, and a balcony.
Regarding location, the property is a 19-minute walk from Oizumi-gakuen Station on the Seibu Ikebukuro Line, and also a 19-minute walk from Hoya Station on the same line. Other accessible stations include Musashi-Seki Station (22 minutes on foot), Higashi-Fushimi Station (28 minutes), and Kami-Shakujii Station (29 minutes) on the Seibu Shinjuku Line. The property faces a private road (4 meters wide to the east).
Important notes from the listing: This property is located within an area scheduled for a land readjustment project (Nerima Oizumi Shakujii area). Furthermore, the current building coverage ratio and floor area ratio exceed the legal limits. Prospective buyers are advised to consult with the real estate agent for details. The property is currently under a lease agreement, and the new owner must take over the existing contract. Viewing appointments for the currently tenanted property can be arranged upon inquiry.
